461 Ocean Boulevard #B3
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Price Decreased |
$395,000
↓ $15K
(3.7%) | |
| Price Decreased | |||
| Aug 15, 2024 | Price Decreased |
$410,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jul 10, 2024 | Price Decreased |
$419,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/07/2024
|
2 Bed
|
1 Bath
|
832 ft²
|
$445,000
2 Bed
1 Bath
832 ft²
|
$412,000
-7.42%
11/22/2024
|
Karen Lopilato
Classic Homes Realty, LLC
| |
|
08/11/2023
|
2 Bed
|
1 Bath
|
1203 ft²
|
$595,000
2 Bed
1 Bath
1203 ft²
|
$595,000
09/12/2023
|
Jeffrey Levine
Bean Group / Portsmouth
| |
|
08/01/2023
|
3 Bed
|
1 Bath
|
1203 ft²
|
$532,000
3 Bed
1 Bath
1203 ft²
|
$525,000
-1.32%
01/08/2024
|
Duane Windemiller
Oceanside Real Estate
| |
|
05/30/2023
|
2 Bed
|
1 Bath
|
832 ft²
|
$409,000
2 Bed
1 Bath
832 ft²
|
$410,000
+0.24%
07/17/2023
|
John Pickering
Carey & Giampa, LLC/Hampton
| |
|
01/01/2023
|
2 Bed
|
1 Bath
|
832 ft²
|
$469,900
2 Bed
1 Bath
832 ft²
|
$447,000
-4.87%
07/26/2023
|
Tom McGuirk
McGuirk Properties, LLC
| |
|
06/12/2022
|
2 Bed
|
1 Bath
|
832 ft²
|
$399,000
2 Bed
1 Bath
832 ft²
|
-
-
|
John Pickering
Carey & Giampa, LLC/Hampton
| |
|
05/19/2022
|
2 Bed
|
-
|
832 ft²
|
$399,900
2 Bed
-
832 ft²
|
$405,000
+1.28%
06/27/2022
|
Chrissy Taylor
EXP Realty
| |
|
05/11/2022
|
2 Bed
|
1 Bath
|
832 ft²
|
$399,900
2 Bed
1 Bath
832 ft²
|
$390,000
-2.48%
08/01/2022
|
John Pickering
Carey & Giampa, LLC/Hampton
| |
|
03/10/2022
|
2 Bed
|
1 Bath
|
832 ft²
|
$369,900
2 Bed
1 Bath
832 ft²
|
$400,000
+8.14%
04/18/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
02/24/2022
|
2 Bed
|
1 Bath
|
832 ft²
|
$479,900
2 Bed
1 Bath
832 ft²
|
$479,900
06/01/2022
|
Jody Landry
Keller Williams Gateway Realty
| |
|
07/11/2021
|
2 Bed
|
1 Bath
|
1203 ft²
|
$519,900
2 Bed
1 Bath
1203 ft²
|
$525,000
+0.98%
08/27/2021
|
Lisa Parsons
Carey & Giampa, LLC
| |
|
05/20/2021
|
2 Bed
|
2 Bath
|
1203 ft²
|
$539,900
2 Bed
2 Bath
1203 ft²
|
$539,900
06/25/2021
|
David Spertner
Stockwood Realty LLC
| |
|
08/25/2020
|
2 Bed
|
1 Bath
|
832 ft²
|
$299,900
2 Bed
1 Bath
832 ft²
|
$300,000
+0.03%
11/06/2020
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
08/14/2020
|
2 Bed
|
2 Bath
|
1203 ft²
|
$429,000
2 Bed
2 Bath
1203 ft²
|
$435,000
+1.40%
09/03/2020
|
Tiffany Semprini
The Aland Realty Group
| |
|
10/12/2019
|
2 Bed
|
1 Bath
|
832 ft²
|
$289,000
2 Bed
1 Bath
832 ft²
|
$290,500
+0.52%
11/21/2019
|
Robin Reid
Preston Real Estate
| |
|
08/29/2019
|
2 Bed
|
1 Bath
|
832 ft²
|
$289,000
2 Bed
1 Bath
832 ft²
|
$275,000
-4.84%
12/13/2019
|
Chrissy Taylor
RE/MAX On The River
| |
|
09/04/2019
|
2 Bed
|
1 Bath
|
832 ft²
|
$299,000
2 Bed
1 Bath
832 ft²
|
$280,000
-6.35%
11/08/2019
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
06/04/2019
|
2 Bed
|
1 Bath
|
1203 ft²
|
$409,900
2 Bed
1 Bath
1203 ft²
|
$385,000
-6.07%
12/06/2019
|
Maryrae Preston
Preston Real Estate
| |
|
04/17/2018
|
2 Bed
|
1 Bath
|
832 ft²
|
$259,900
2 Bed
1 Bath
832 ft²
|
$247,500
-4.77%
07/06/2018
|
Sandy Lally
Carey & Giampa REALTORS®
| |
|
04/15/2018
|
2 Bed
|
1 Bath
|
832 ft²
|
$259,900
2 Bed
1 Bath
832 ft²
|
$234,000
-9.97%
11/28/2018
|
Darlene Dolan
Remax On The Move
| |
|
06/20/2017
| |
2 Bed
|
1 Bath
|
832 ft²
|
$289,900
2 Bed
1 Bath
832 ft²
|
$272,000
-6.17%
10/03/2017
|
Darlene Dolan
RE/MAX On the Move/Hampton
|
|
06/29/2017
|
3 Bed
|
2 Bath
|
1203 ft²
|
$349,900
3 Bed
2 Bath
1203 ft²
|
$343,000
-1.97%
09/01/2017
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
10/22/2014
|
2 Bed
|
1 Bath
|
832 ft²
|
$264,900
2 Bed
1 Bath
832 ft²
|
$250,733
-5.35%
08/28/2015
|
Robert Waldron
BHHS Verani Londonderry
| |
|
06/21/2014
|
2 Bed
|
1 Bath
|
832 ft²
|
$224,900
2 Bed
1 Bath
832 ft²
|
$205,000
-8.85%
10/24/2014
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
09/24/2013
|
3 Bed
|
2 Bath
|
1200 ft²
|
$259,000
3 Bed
2 Bath
1200 ft²
|
$255,000
-1.54%
06/16/2014
|
Maryrae Preston
Preston Real Estate
| |
|
09/16/2013
|
2 Bed
|
1 Bath
|
832 ft²
|
$219,000
2 Bed
1 Bath
832 ft²
|
$205,000
-6.39%
05/30/2014
|
John Pickering
Carey & Giampa, LLC/Hampton
| |
|
02/13/2012
|
2 Bed
|
1 Bath
|
832 ft²
|
$196,000
2 Bed
1 Bath
832 ft²
|
$181,000
-7.65%
04/05/2012
|
Barbara Dunnington
Coldwell Banker Realty Portsmouth NH
| |
|
11/02/2011
|
2 Bed
|
1 Bath
|
832 ft²
|
$209,900
2 Bed
1 Bath
832 ft²
|
$186,000
-11.39%
03/30/2012
|
Patrick Carey
Carey Giampa, LLC/Seabrook Beach
| |
|
08/31/2005
|
2 Bed
|
1 Bath
|
832 ft²
|
$269,900
2 Bed
1 Bath
832 ft²
|
$255,000
-5.52%
09/29/2005
|
Nancy Bilodeau
A E Gidley Real Estate LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017